Regulatory Setback for U.S. Crypto Legislation as House Blocks Key Vote
Washington, D.C., July 15, 2025 โ Momentum toward a comprehensive U.S. regulatory framework for digital assets stalled Tuesday after the House of Representatives failed to advance a package of three major cryptocurrency bills.
The procedural vote, requiring a simple majority, fell short at 196-223, halting progress on:
โข The GENIUS Act, establishing a stablecoin regulatory framework, which had already passed the Senate.
โข The CLARITY Act, aimed at defining digital asset classifications and regulatory jurisdiction.
โข The Anti-CBDC Surveillance State Act, prohibiting the Federal Reserve from issuing a central bank digital currency without congressional approval.
Despite bipartisan backing and public support from President Trump, internal divisions within the Republican party derailed the motion, with a conservative faction voting against it.
This setback prolongs regulatory uncertainty for the U.S. crypto industry, which continues to advocate for clear rules to encourage innovation and market stability. The defeat raises concerns about potential capital flight and the U.S. falling behind jurisdictions with more defined digital asset laws.
The billsโ future remains uncertain as lawmakers regroup to navigate intra-party tensions and chart a new path forward.
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